1916 N Hermitage AveChicagoIL60622
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Chicago at 1916 N Hermitage Ave, Chicago, IL, 60622 priced at $1,924,900 pairs $5,999/mo rent with after a $9,421/mo payment. Total monthly income equals $5,999/mo. Return on cash invested is 6.22% in year one, and rental yield stands at 3.74% on a $1,924,900 basis. Equity gained on principal adds $12,421/yr, and 5% annual appreciation accumulates to $531,814 by year five. Five-year ROI measures 30.35% and total cumulative return in cash reaches $189,309. For financing, Ziffy Mortgage’s DSCR program evaluates $5,999/mo property income against a $9,421/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2025
3,024 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60622, Chicago, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 28,030 (100%) |
| Owner Occupied HU | 9,870 (35.2%) |
| Renter Occupied HU | 16,053 (57.3%) |
| Vacant Housing Units | 2,107 ( 7.5%) |
| Median Home Value | $612,259 |
| Average Home Value | $695,744 |
Housing Distribution
Address Breakdown
Residential
24,386
Single Family
11,594
Multi-Family
12,792
Businesses
1,873
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